Money Market
- Summary
Our Money Market Accounts are perfect for you if you want a high rate of interest but still want some limited check writing ability. You can open one with just $100 and avoid any minimum balance fees with just $2,500 saved. Every month, you'll receive great interest on your account, and still have the flexibility to write a few checks. Come in and talk to us about them, or open one right now!
- The minimum balance fee of $16 will be applied once each statement cycle if the balance of your account falls below $2,500.00 any day during the statement cycle
- Additional fees that may be associated to your account are disclosed in the Other Services and Fees section of the disclosure provided at the bank
- Rates
- Interest will be compounded and credited on a monthly basis
- If you close your account before interest is credited you will not receive the uncredited accrued interest
- Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks)
- Your interest rate and annual percentage yield may change
- At our discretion, we may change the interest rate on your account.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. See accompanying rate sheet for current rate.
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